Tesla earnings updates: Wall Street looks for robotaxi, AI progress with stock down 14% YTD
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Tesla earnings are upon us again.
After a stretch of disappointing car sales, Wall Street investors are looking for updates that will confirm the bullish view that Elon Musk's company is more than an EV-maker.
With deliveries already reported earlier in April, the focus of the earnings call for investors will be any news on the big tech initiatives, namely, robotaxis, AI, and robotics.
Investors head toward the earnings call with the stock down 14% year to date. The company will publish its results shortly after the 4 p.m. ET closing bell on Wednesday. The call with analysts will begin around 5:30 p.m. ET.